The Blink of an Eye
We had a burst of buying Tuesday and a little more this morning, but the moves aren't holding. There are active traders who have boosted things a bit, but they don't stay around for long. That is why things go from looking OK to looking ugly in the blink of an eye.
It is painfully obvious that there isn't going to be any greater clarity in Europe until next week, after the Greek election, so only a few brave souls are interested in holding positions. Frankly, I'm not sure why anyone would want to be adding much long exposure right now. The risk of bad news is extremely high and the technical picture is not very appealing, either....97 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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